Monday, March 2, 2020

EIU Finds U.S. Internet Access Prices Lowest Globally, When Compared to Incomes

Many observers believe that fixed network internet access in the United States is expensive and slow. According to the Inclusive Internet Index produced by the Economist Intelligence Unit, the U.S. market in fact has the most affordable internet access, based on retail price in relation to income. 


Adjusting for local purchasing power, fixed network internet access costs around $50 a month in almost every country. Adjusting for purchasing power parity normalizes internet access prices for general price level differences across countries. 

Doing so is revealing: In most countries, prices hover around a $50 a month level, after the PPP adjustments. 

The Inclusive Internet Index (3i), produced annually since 2017 by The Economist Intelligence Unit and commissioned by Facebook, benchmarks countries on the Internet’s availability, affordability, relevance and the readiness of people to use it. 

Among high-income nations, the United States ranks third. 

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